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OTCMKTS:TRMLF

Tourmaline Oil (TRMLF) Stock Price, News & Analysis

$47.25
+0.37 (+0.79%)
(As of 04/16/2024 ET)
Today's Range
$46.56
$47.52
50-Day Range
$39.90
$49.06
52-Week Range
$39.39
$53.91
Volume
74,556 shs
Average Volume
17,701 shs
Market Capitalization
$16.61 billion
P/E Ratio
12.70
Dividend Yield
1.57%
Price Target
$33.19

Tourmaline Oil MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.8% Downside
$33.19 Price Target
Short Interest
Healthy
1.78% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.45 out of 5 stars

TRMLF stock logo

About Tourmaline Oil Stock (OTCMKTS:TRMLF)

Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.

TRMLF Stock Price History

TRMLF Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Here's what to expect from Tourmaline Oil's earnings
Tourmaline Oil Corp. (TRMLF)
Tourmaline Bio Announces Pricing Of 4.61 Mln Public Offering
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Topaz Energy: Significant Growth Potential
Analysts’ Top Healthcare Picks: R1 RCM (RCM), Tourmaline Bio (TRML)
Tourmaline Bio Appoints Dr. Clay Siegall as Chairman of the Board
TOURMALINE ANNOUNCES CLOSING OF BONAVISTA ACQUISITION
Tourmaline Bio Inc.
Tourmaline Oil Corp's Dividend Analysis
Tourmaline Oil (TOU) Gets a Buy Rating from BMO Capital
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 3/21 Dividend
3/13/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/21/2024
Dividend Payable
3/28/2024
Today
4/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Current Symbol
OTCMKTS:TRMLF
CIK
N/A
Fax
N/A
Employees
389
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.19
High Stock Price Target
$38.75
Low Stock Price Target
$25.00
Potential Upside/Downside
-29.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
39.36%

Debt

Sales & Book Value

Annual Sales
$4.97 billion
Cash Flow
$6.45 per share
Book Value
$29.55 per share

Miscellaneous

Free Float
N/A
Market Cap
$16.61 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Michael L. Rose P.Geol (Age 66)
    Chairman of the Board, President & CEO
    Comp: $3.44M
  • Mr. Brian G. Robinson (Age 67)
    CFO & Non-Independent Director
    Comp: $1.66M
  • Mr. Earl Henry McKinnon
    Chief Operating Officer
  • Ms. Sherra Aspin
    Vice President of Marketing
  • Mr. Colin Joel Frostad
    Vice President of Exploration
  • Mr. William Scott Kirker
    Chief Legal Officer & External Affairs
  • Ms. Katie Beck
    General Counsel & Corporate Secretary

Should I Buy Tourmaline Oil Stock? TRMLF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tourmaline Oil Corp.:

  • Tourmaline Oil Corp. recently completed the acquisition of Bonavista Energy Corporation, expanding its asset base and production capacity significantly.
  • The acquisition is expected to boost Tourmaline's production to over 600,000 boepd, indicating potential revenue growth.
  • With the acquisition, Tourmaline diversified its portfolio, potentially reducing risk exposure to specific regions or assets.
  • The current stock price of Tourmaline Oil Corp. reflects positive market sentiment and growth prospects.
  • Tourmaline's strategic focus on the Western Canadian Sedimentary Basin provides stability and growth opportunities in a resource-rich region.

Cons

Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons:

  • Oil and gas investments can be volatile due to fluctuations in commodity prices, impacting Tourmaline's revenue and profitability.
  • The energy sector is subject to regulatory changes and environmental concerns, potentially affecting Tourmaline's operations and costs.
  • Market conditions and geopolitical factors can influence the demand for oil and gas, impacting Tourmaline's financial performance.
  • Investing in oil and gas companies like Tourmaline carries inherent risks related to exploration, production, and market dynamics.
  • Tourmaline's financial performance may be influenced by macroeconomic factors such as interest rates and global economic conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com.

TRMLF Stock Analysis - Frequently Asked Questions

Should I buy or sell Tourmaline Oil stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRMLF shares.
View TRMLF analyst ratings
or view top-rated stocks.

What is Tourmaline Oil's stock price target for 2024?

1 brokerages have issued 1 year price objectives for Tourmaline Oil's stock. Their TRMLF share price targets range from $25.00 to $38.75. On average, they predict the company's share price to reach $33.19 in the next twelve months. This suggests that the stock has a possible downside of 29.8%.
View analysts price targets for TRMLF
or view top-rated stocks among Wall Street analysts.

How have TRMLF shares performed in 2024?

Tourmaline Oil's stock was trading at $45.06 at the start of the year. Since then, TRMLF shares have increased by 4.9% and is now trading at $47.25.
View the best growth stocks for 2024 here
.

How were Tourmaline Oil's earnings last quarter?

Tourmaline Oil Corp. (OTCMKTS:TRMLF) released its quarterly earnings results on Wednesday, March, 6th. The company reported $1.47 earnings per share (EPS) for the quarter. The business earned $1.22 billion during the quarter. Tourmaline Oil had a trailing twelve-month return on equity of 12.96% and a net margin of 29.60%.

How often does Tourmaline Oil pay dividends? What is the dividend yield for Tourmaline Oil?

Tourmaline Oil declared a dividend on Saturday, March 9th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.222 per share on Thursday, March 28th. This represents a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for TRMLF
.

Is Tourmaline Oil a good dividend stock?

Tourmaline Oil (OTCMKTS:TRMLF) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.57%. The dividend payout ratio is 19.89%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TRMLF.

How do I buy shares of Tourmaline Oil?

Shares of TRMLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TRMLF) was last updated on 4/17/2024 by MarketBeat.com Staff

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